Deficit


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Finance Minister Tendai Biti today said Zimbabwe will probably post a budget deficit of $500 million this year. Biti said that the government won’t have a supplementary budget this year because it doesn’t have sufficient revenue to fund an increase in spending. The current’s year budget was set at $2.7 billion.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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